Industry insiders: Currently, everything in the cryptocurrency industry is developing in a favorable direction

Odaily Planet Daily News: Cryptocurrencies were once seen as a peripheral issue in the eyes of the investing public, a concern for Washington policy makers, and a subject of ridicule by top Wall Street figures. But in 2024, this situation changed as investors holding Bitcoin saw a 126% increase in returns since the beginning of the year, with Bitcoin skyrocketing to over $100000 after Trump's election. According to Coinmarketcap data, the market value of all cryptocurrencies has inflated by nearly $1.7 trillion. Ian Katz, Managing Partner of Capital Alpha, said, "Currently, everything in the cryptocurrency industry is moving in a favorable direction." Cryptocurrency enthusiasts believe that the rally will not end soon, and Bitwise Chief Investment Officer Matt Hougan believes that by this time next year, "we will have the same conversation that Bitcoin has experienced an incredible rally. Bitwise expects Bitcoin to surpass $200000 by the end of 2025. (Golden Ten)